Reserve for Property and Liability Insurance Claims and Claims Expense (Tables)

3 Months Ended

Mar. 31, 2019

Reserve for Property-Liability Insurance Claims and Claims Expense [Abstract]

Schedule of liability for unpaid claims and claims adjustment expense

Rollforward of the reserve for property and casualty insurance claims and claims expense
	Three months ended March 31,
($ in millions)	2019			2018
Balance as of January 1	$	27,423		$	26,325
Less recoverables (1)	(7,155		)	(6,471		)
Net balance as of January 1	20,268			19,854
Incurred claims and claims expense related to:
Current year	5,808			5,180
Prior years	12			(51		)
Total incurred	5,820			5,129
Claims and claims expense paid related to:
Current year	(2,270		)	(2,240		)
Prior years	(3,294		)	(3,115		)
Total paid	(5,564		)	(5,355		)
Net balance as of March 31	20,524			19,628
Plus recoverables	7,020			6,487
Balance as of March 31	$	27,544		$	26,115

⁽¹⁾ Recoverables comprises reinsurance and indemnification recoverables.